BRITISH TAXPAYERS

Evening Star, Issue 21006, 21 January 1932, Page 9

BRITISH TAXPAYERS

REMARKABLE .RESPONSE TO APPEAL PROMPT PAYMENT OF INSTALMENT (British Official Wireless.) Press Association—By Telegraph—Copyright. RUGBY, January 19. The remarkable response which income taxpayers made to the request for prompt payment of the largo instalment which was duo on January 1 is shown by the Treasury figures to have been more than maintained in the second week of the quarter. During the week ended January 16 the income tax collected amounted to £28,500,000, an increase of £18,000,000, or approximately 175 per cent., over the amount collected in the corresponding week'of last year. The total amount collected between January 1 and January 16 was nearly £50,000,000 compared with £22,000,000 in the first seventeen days of last year. The collection of the surtax to date is equally satisfactory, and during the week ended 'Jammy 16 there was received £7,350,000, compared with £2,450,000 for the corresponding week of last year. The total amount received during the first sixteen days of the year was £15,000,000, showing an increase of £7,000,000 over the total received during the corresponding period of 1931.

GOOD IMPRESSION ABROAD

LONDON, January 20.

Bankers continue to receive reports from the Continent in regard to the favourable impression created by the tax collections. The inflow of revenue has'enabled a reduction of £35,245,000 on the floating debt to be mad? in a week.